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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Redhead who wrote (7895)8/20/1998 10:00:00 AM
From: James Wright  Read Replies (1) | Respond to of 29382
 
WAVO -- short -- downgraded this morning -- in free fall -- very big grin!

See what I mean about support and resistance levels? The chart clearly was indicating that something bad was about to happen, and now it has. As I previously posted, I bought just as it slipped below its support level. Now it is down, down, down and that prior support will now become resistance so there is little risk for shorts who did the same.

-- Jim



To: Redhead who wrote (7895)8/20/1998 10:20:00 AM
From: LTK007  Read Replies (2) | Respond to of 29382
 
Ah yes great minds:)--by the way I discovered tha host of Sqwuak box
is a Philly guy--he was talking the Phillies,and Joe K says but they did win it all in 80,and the host guy says " but we will never get over '64" max